Andrew Smith Blog
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Andrew Smith's blog brings you the best news, tips and information on the Kelowna BC real estate market. I'm Andrew, a realtor in Kelowna and I know moving can be an exciting experience! And Moving to Kelowna can be very exciting. It was a big decision for us to leave our real estate business in Kitsilano Vancouver and start again in Kelowna but it was the best decision.
Andrew Smith Blog
8M ago
There were another 44 residential sales recorded last week at an average sale price of $1,120,000. The median sale price was $995,000 and the average days on market (number of days to sell) was 46 days. Year to date we’ve sold 659 homes. This compares to the 747 recorded at this point in the calendar last year. We have a little catching up to do but momentum is working in our favor and the second half of last year was slower than normal so we will likely surpass the totals of 2023. Condo Sales Looking at condominium apartments there were 452 apartment sales this time last year compared to 349 ..read more
Andrew Smith Blog
9M ago
Explore Kelowna, BC in May: Your Ultimate Guide to Outdoor Adventures As spring blooms in Kelowna, BC, May heralds the unofficial start of summer, offering a perfect blend of sunshine and mild weather—ideal for outdoor enthusiasts. Whether you're a seasoned adventurer or a family looking for accessible fun, Kelowna's diverse landscape serves up many activities that take advantage of fewer crowds and great weather. Here’s your guide to enjoying what this vibrant city offers this May. Celebrate Local Craft at the Kelowna Beer Fest Mark your calendars for the second annual Kelowna Beer Fest, a s ..read more
Andrew Smith Blog
9M ago
Best Week Of Housing Sales In Kelowna For April It was a huge week here in Kelowna with Realtors recording 64 residential sales. This is up significantly from the 43 we recorded the previous week and the 53 recorded the same week in 2024. The average sale price was $1,007,000 and the median sale price was $892,000. The majority of homes last week sold under $1 million and only 3 sold over $2 million. Six homes sold in Black Mountain and seven sold in Lakeview Heights. Five more in Glenmore. Apartments and Townhouses were up also. We sold 26 apartments last week which is up from the 19 sold th ..read more
Andrew Smith Blog
9M ago
For the week ending Sunday April 7th 2024 there were 40 residential sales recorded last week at an average sale price of 1,057,000. This represents a slight uptick from last week when we recorded 31 sales and prices are remaining the same. Rutland was the most active community last week with 7 sales followed by Black Mountain with 4 and Wilden with 3. The best thing one can say about 40 transactions over a weeklong period is that it’s a bigger number than 31. We’ll accept the momentum with gratitude but are hopeful to be back in the 50s soon. There were 17 apartment condo transactions last we ..read more
Andrew Smith Blog
10M ago
Residential Sales 34 residential sales last week including three selling over $2 million and four under $600,000. The same week last year produced 54 sales so we’re beginning to fall behind a bit. A bit of momentum from previous week when we recorded 32 transactions. The average sale price this year is $1,033,000 and the median sale price is $907,500. Condo Sales There were an additional 20 apartment sales last week which is up from 19 the previous week. Like residential, this isn’t a huge increase but this corner of the internet is a safe harbour of optimism. We’ll gladly take any good news ..read more
Andrew Smith Blog
11M ago
Kelowna Housing You can almost set your watch to Kelowna housing numbers these days as we report another week with little variation. Last week we generated 32 residential transactions with an average sale price of $1,087,000. The median sale price was $894,000. Of note, three homes sold over $2MM including one over $3MM. Nine of the homes sold in the $680,000 to $800,000 range which is our bread and butter. It’s still a difficult and expensive city to buy a home without any true “affordable” parts of town anymore. There were 19 condo apartment sales last week and another 12 town houses. If we ..read more
Andrew Smith Blog
11M ago
A cyclists guide to visiting wineries It’s warming up here in Kelowna and as the streets in town are being cleaned and more an more cyclists are out and about, especially on weekends, let’s take a look at one of the best ways to see the city. On a bike. Let’s randomly begin at Vibrant Vines winery on 3240 Pooley Rd. You can choose to start anywhere in town and cycle to begin. For example it’s a 6km ride from Rona and 7km from Gyro Beach parking lot. Nothing too intimidating really. You won’t look out of place visiting a winery on a bike even if you’re wearing spandex with impractical cycling ..read more
Andrew Smith Blog
11M ago
Housing Update for the Week Ending February 18, 2024 Last week saw Kelowna Realtors generate 33 residential sales ranging in price from a low of $635,000 up to a high of $1,735,000. The average sale price dipped below $1 million for the first time in a while to $990,000 and the median sale price was $854,000. Year to date there have been 165 residential sales compared to 161 at this point in the calendar last year. Let’s call this a wash. Prices are a little softer so far this year with the average being $1,036,000 this year compared to $1,103,000. This represents a 6% drop in prices over the ..read more
Andrew Smith Blog
1y ago
Top Restaurants in Kelowna, West Kelowna, Peachland & Lake Country The Okanagan Valley, with its picturesque landscapes and lush vineyards, is a haven for wine enthusiasts and a paradise for food lovers. The region's towns—Kelowna, West Kelowna, Peachland, and Lake Country—boast an impressive array of restaurants catering to every palate, offering a culinary journey as diverse and vibrant as the valley. Let's embark on a gastronomic tour through these towns to uncover some of the Okanagan's finest dining experiences. KELOWNA Roma Nord Bistro 421 Cawston Ave, Kelowna, BC V1Y 6Z1 Roma Nord ..read more